Previous Close | 0.8586 |
Open | 0.8586 |
Bid | 0.8553 |
Day's Range | 0.8552 - 0.8590 |
52 Week Range | 0.8340 - 0.9236 |
Ask | 0.8560 |
Investing.com -- The Bank of England increased its key interest rate by another 25 basis points on Thursday, bringing borrowing costs up to 4.50% - their highest level since 2008.
By Geoffrey Smith
Yahoo Finance's Jared Blikre breaks down the latest stock and bond market action, plus the latest news surrounding GameStop stock.
Sterling fell 1.1% against the greenback after Britain's economy shrank in April as the cost of living crisis bites.